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Armenian Ameriabank Posts 65.1% Gain In Q1 Assets

ARMENIAN AMERIABANK POSTS 65.1% GAIN IN Q1 ASSETS

ARKA
Apr 15, 2009

YEREVAN, April 15. /ARKA/. Armenia’s Ameriabank saw a 65.1% quarterly
rise in assets, the bank’s press service reports.

As of March 31, Ameriabank’s assets totaled 80.9bln drams – a 3.8pct
year-on-year rise.

In Q1 2008, the bank’s assets rose 56.3% to 21.1bln drams and reached
49bln drams by end-2008.

A leading investment bank, Ameriabank delivers corporate, investment
and limited retail banking services. Ruben Vardanyan is Chairman of the
bank’s Board of Directors, and Artak Anesyan is the CEO of Ameriabank.

The bank’s strategic partner is the leading Russian investment company
Troika Dialog.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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